College was a freaking blast. If I could do it over again, I would have taken five years instead of four if I knew I'd still be able to get a job upon graduation. Super seniors rock! Once you're out, the endless summers are over and it's into the salt mines for years until you finally retire a broken person. When we are young we have all the time in the world but no money. … [Read more...]
The Good Times Won’t Last Forever Online
As an online entrepreneur, I pinch myself at least once a week to make sure I'm not hallucinating. If you were to ask me five years ago whether I could sit in a hot tub all morning hanging with my He-Man figurines while blogging full-time I'd say you were crazy cray. But after starting Financial Samurai after a year of deliberation, this is now my normal routine when I'm not … [Read more...]
Why Do Rents Keep On Going Up? Blame Renters
Because renters are a 68% majority here in San Francisco, I decided to position myself as a renter at one of these random mixer parties my friend invited me to. The age demographic was between 24-35 and the theme revolved around sustainable living. We got to talking about why do rents keep on going up. Landlords are considered the enemy in our famously liberal city and I … [Read more...]
The Average 401(k) Balance Is Still Way Too Low!
Fidelity Investments, one of the largest administrators of 401(k)s in the world reported that the average 401(k) retirement balance for US workers hit a record high of $80,900 in the first quarter of 2013 thanks to a massive 140%+ increase in the stock market since March of 2009. Those who are age 55 and older have seen their balances almost double to $255,000 from $130,700. … [Read more...]
What Is The WARN Act For Laid Off Employees?
So you've decided to ignore my advice against quitting your job before you build at least a year's worth of sustainable income with your side endeavor. Living the untemplate lifestyle takes a lot of careful planning. We aren't encouraging you to be so foolish as to quit something stable to follow your passions without going through a long test run first. Here are 15 things you … [Read more...]